Brief: Kontron Q3 Revenue Up By 44.9%

Kontron AG

06/11/2024 06:03

Nov 6 (Reuters) - KONTRON AG  KTN.VI :
    * EBITDA SEES SIGNIFICANT INCREASE OF 70.1%, REACHING EUR
59.4
MILLION IN Q3 2024
    * GROSS MARGIN RISES TO 44.7% IN Q3 2024 - TRANSFORMATION IS
SHOWING RESULTS
    * REVENUE SURGES BY 44.9% IN Q3 2024 TO EUR 427.7 MILLION
    * Q3 ORDER BACKLOG RISES TO EUR 2,056 MILLION WITH STRONG
BOOK-TO-BILL RATIO OF 1.21
    * OPERATING CASH FLOW AMOUNTED TO EUR 19.6 MILLION IN Q3
    * CONFIRMS ITS EARNINGS TARGET OF EUR 190 MILLION EBITDA IN
2024
    * HIGH ORDER BACKLOG ALSO ENSURES CONTINUATION OF GROWTH
PATH INTO
2025

Source text:  ID:nEQ27tqFa 
Further company coverage:  KTN.VI 

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